In a recent lease auction of government properties, some Reeves county parcels received no bids, while one parcel received a bid for $25,511/acre bonus–the total amount paid to lease 640 acres was more the $16,000,000! Your 0.8 acres could be worth more than you might imagine. Keep in mind, this was not a sale of mineral rights, companies were bidding to lease State of Texas lands.
Texas General Land Office Oil and Gas Lease Sale, October 2, 2018